Itiviti Appoints Former FIS COO Rob Mackay as New CEO

Trading Technology Provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term Itiviti announced the appointment of a new chief executive officer (CEO) this Monday.

Rob Mackay is going to take up the position at the beginning of April.

A statement issued by the company indicates that Mackay’s appointment was the result of the board of directors’ efforts.

The company said that board members “carried out a thorough search” for a new CEO before settling with Mackay.

“We are very pleased to welcome Rob Mackay as the new CEO of Itiviti,” said Itiviti Chairman Per Larsson. “Rob has a strong track record in creating value and driving growth in finance and trading industry businesses.”

The incoming CEO joins from Fidelity National Information Services (FIS) - a banking solutions provider.

Before taking up his new position, Mackay was FIS’ chief operating officer (COO) for cross-asset trading and risk.

From FIS CEO to Itiviti CEO

During his almost two-decade stint at the solutions provider, Mackay also worked as COO for hedge funds and risk and COO of front arena and energy.

“Itiviti is a very impressive company with a strong offering and great, dedicated people,” said Mackay.

“I’m looking forward to be part of the team, contributing to its continued development and delivering the service, solutions and innovation that customers require to support their business and strategic ambitions.”

Mackay’s appointment comes three months after Torben Munch, who had been Itiviti CEO for three years, announced that he would be leaving the firm.

Munch left the technology provider at the beginning of January. The outgoing CEO played a key role in Itiviti’s $650 million Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term of Ullink.

Since his departure, Richard Bentley, Itiviti’s chief product officer, has been acting as CEO. He will step down and return to his previous role once Mackay takes up his position at the start of next month.